1111 Lexington Ave Mansfield, OH 44907-2251
This exceptional investment opportunity presents a four-unit office building complex located at 1111 and 1115 Lexington Avenue in Mansfield, Ohio. The property consists of two buildings, each housing two units, totaling 4 units for sale as a single package. The buildings offer a combined off-street parking lot and garage parking, providing ample space for tenants and visitors. Currently configured as office space, this property presents significant potential for conversion to residential use, catering to a diverse range of buyers and investors. Two of the four units are currently occupied, generating immediate rental income. The property's prime location in Mansfield offers easy access to local amenities, transportation routes, and a thriving community. This is an ideal opportunity for an investor seeking a multi-unit property with strong rental potential and the flexibility to adapt to changing market demands. The asking price for this unique package is $310,000. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-situated, multi-unit property in a desirable location. Don't miss out on this chance to expand your investment portfolio or develop a unique residential or commercial venture. Contact us today to schedule a viewing and explore the possibilities.
-
Farley-Peeples Insurance Inc Insurance Agency
-
Indigo Counseling Services Counselor Psychiatrist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.